One more list that shows Albuquerque is terrific shape -- relative to the others.
The Brookings Institution looked at the nation's top 100 metropolitan areas and concluded that we had the 15th strongest economy during the first quarter of the year. Employment, unemployment rates, wages, gross metropolitan product, housing prices and foreclosure rates were all factored into the study.
But, like the vast majority of the cities in the study, we have not begun to turn the corner, just slowed the downward spiral. In fact, only one metro area (McAllen, TX) saw growth in both employment and gross output during the first quarter.
A long way to go....
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